Business Environment

Fiji has a small but sustainable economy, capable of delivering sound investment opportunities in the primary industry, tourism and services sectors. Fiji's main competitive advantages are climate, accessibility to developed-country markets such as Australia and New Zealand, a literate, well-educated English-speaking workforce and, relative to other South Pacific island states, economic dynamism. Fiji has access to the Southern Cross Cable, a high-capacity (240 Gbits-per-second) fibre-optic cable network linking Fiji to Australia, New Zealand and the United States, giving the Country an edge in the information communication and technology sector.

Fiji's recent problems, particularly political instability and uncertainties over land tenure, have hampered its economic growth. In Munro Leys' experience, however, business clients, have been able to identify and successfully implement well targeted opportunities, particularly in the tourism sector.

Starting a business in Fiji, as anywhere, requires professional advice. The need for legal advice varies with the size and complexity of the investment. Chartered accountants are often the first contact point for new investors. Munro Leys has good working relationships with the 'Big Four' accountancy firms in Fiji, as well as other specialist professional advisers.